— Firm dynamism in merchandise
sales generates a 10% increase in commercial revenue,
to Ps.17,036 million —
— Operating profit grows 8% in the
period, to Ps.4,067 million —
— Increasing quality
of Banco Azteca México's portfolio; delinquency rate
drops to 3.7%, from 4.9% a year ago —
MEXICO
CITY, April 23, 2024 /PRNewswire/ -- Grupo
Elektra, S.A.B. de C.V. (BMV: ELEKTRA* Latibex: XEKT), Latin America's leading specialty retailer and
financial services company, and the largest non-bank provider of
cash advance services in the United
States, today announced first quarter 2024 results.
First quarter results
Consolidated revenue grew 6%, to Ps.44,562 million in the
period, compared to Ps.42,219 million in the same quarter of the
previous year. Operating costs and expenses increased 6%, to
Ps.38,199 million, from Ps.36,062 million in 2023.
As a result, EBITDA was Ps.6,363 million, 3% higher compared to
Ps.6,158 million a year ago. Operating income was Ps.4,067 million,
8% above Ps.3,767 million in the same period of 2023.
The company reported net income of Ps.1,721 million, compared to
net income of Ps.459 million a year ago.
|
1Q
2023
|
1Q
2024
|
Change
|
|
|
|
Ps.
|
%
|
|
|
|
|
|
Consolidated
revenue
|
$42,219
|
$44,562
|
$2,343
|
6 %
|
|
|
|
|
|
EBITDA
|
$6,158
|
$6,363
|
$205
|
3 %
|
|
|
|
|
|
Operating
result
|
$3,767
|
$4,067
|
$300
|
8 %
|
|
|
|
|
|
Net
result
|
$459
|
$1,721
|
$1,262
|
-----
|
|
|
|
|
|
Net result per
share
|
$2.07
|
$7.80
|
$5.73
|
-----
|
|
|
|
|
|
Figures in millions of pesos
EBITDA: Earnings Before Interest, Taxes, Depreciation and
Amortization.
As of March 31, 2024, Elektra*
outstanding shares were 220.7 million and as of March 31, 2023, were 221.4 million.
Revenue
Consolidated revenue increased 6% during the period,
attributable to a 10% growth in commercial sales and a 3% increase
in financial income.
The increase in financial income — to Ps.27,526 million, from
Ps.26,699 million the previous year — reflects a 3% growth in Banco
Azteca México's income. This growth aligns with the ongoing
expansion of the gross credit portfolio, contributing to the
wellbeing of millions of families and fostering business
development.
The increase in income from the commercial business, to
Ps.17,036 million, from Ps.15,520 million a year ago, results
largely from growth in motorcycle sales — which strengthen business
productivity and the mobility of millions of people — telephony —
which facilitates efficient connectivity for more and more users —
and household appliances, which boost the quality of life of a
growing number of families.
Costs and expenses
Consolidated costs for the quarter were Ps.21,534 million,
compared to Ps.19,904 million the previous year. This growth is
attributed to a 6% increase in the financial cost, resulting from
higher interest paid, as well as a 10% rise in the commercial cost,
in line with the increase in revenue from the commercial
business.
Sales, administration, and promotion expenses grew 3%, to
Ps.16,665 million, from Ps.16,158 million a year ago, largely as a
result of higher advertising expenses.
The lower growth in expenses in relation to income for the
period results from solid strategies that drive Grupo Elektra's
operational efficiency, together with strict budgets and
optimization of processes throughout the organization.
EBITDA and net result
EBITDA was Ps.6,363 million, from Ps.6,158 million the previous
year. The company reported operating income of Ps.4,067 million,
compared to Ps.3,767 million in the same quarter of 2023.
Below EBITDA, a positive variation of Ps.1,867 million was
recorded in other financial results, which reflects a 2% loss this
quarter in the market value of the underlying financial instruments
that the company owns — and which does not imply cash flow —
compared to a 7% loss a year ago.
Grupo Elektra reported net income of Ps.1,721 million, from a
net income of Ps.459 million a year ago.
Unconsolidated balance sheet
A proforma balance sheet exercise of Grupo Elektra is presented,
which allows knowing the non-consolidated financial situation,
excluding the net assets of the financial business, whose
investment is valued in this case under the participation
method.
This presentation shows the debt of the company without
considering Banco Azteca's immediate and term deposits, which do
not constitute debt with cost for Grupo Elektra. Also, the pro
forma balance sheet does not include the bank's gross loan
portfolio.
This provides greater clarity about the different businesses
that make up the company and allows financial market participants
to make estimates of the value of the company, considering only the
relevant debt for said calculations.
Consistent with this, debt with cost as of March 31, 2024, was Ps.38,568 million, compared
to Ps.39,026 million the previous year. The reduction is primarily
attributed to international bond amortizations, partially offset by
issuance of Cebures and a bank loan.
The balance of cash and cash equivalents was Ps.12,267 million,
from Ps.10,078 million the previous year. Net debt was Ps.26,301
million, 9% below Ps.28,948 million a year ago.
As of March 31, 2024, the
company's equity was Ps.92,214 million, and the equity to total
liabilities ratio was 1.07 times.
|
As of March
31
2023
|
As of March
31
2024
|
Change
|
Ps.
|
%
|
|
|
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
$10,078
|
$12,267
|
2,189
|
22 %
|
Marketable financial
instruments
|
28,059
|
25,717
|
(2,342)
|
(8 %)
|
Inventories
|
17,663
|
17,470
|
(194)
|
(1 %)
|
Accounts
receivables
|
43,350
|
52,012
|
8,661
|
20 %
|
Other current
assets
|
5,083
|
3,857
|
(1,227)
|
(24 %)
|
Investments in
shares
|
39,692
|
41,575
|
1,883
|
5 %
|
Fixed assets
|
10,037
|
8,801
|
(1,236)
|
(12 %)
|
Right of use
assets
|
12,848
|
12,056
|
(792)
|
(6 %)
|
Other assets
|
3,619
|
4,545
|
926
|
26 %
|
|
|
|
|
|
Total
assets
|
$170,429
|
$178,299
|
$7,870
|
5 %
|
|
|
|
|
|
Short-term
debt
|
$9,386
|
$10,354
|
967
|
10 %
|
Suppliers
|
8,016
|
11,340
|
3,325
|
41 %
|
Other short-term
liabilities
|
17,934
|
20,235
|
2,301
|
13 %
|
Long-term
debt
|
29,640
|
28,214
|
(1,426)
|
(5 %)
|
Differed
taxes
|
1,756
|
935
|
(821)
|
(47 %)
|
Other long-term
debt
|
14,662
|
15,007
|
345
|
2 %
|
|
|
|
|
|
Total
liabilities
|
$81,393
|
$86,085
|
$4,692
|
6 %
|
|
|
|
|
|
Stakeholder´s
equity
|
$89,036
|
$92,214
|
$3,178
|
4 %
|
|
|
|
|
|
Liabilities and
equity
|
$170,429
|
$178,299
|
$7,870
|
5 %
|
Figures in millions of pesos
Consolidated Balance Sheet
Loan Portfolio and Deposits
The consolidated gross portfolio of Banco Azteca México, Purpose
Financial and Banco Azteca Latinoamérica as of March 31, 2024, grew 5%, to Ps.174,484 million,
from Ps.165,666 million the previous year. The consolidated
delinquency rate was 4.2% at the end of the period, compared to
5.7% the previous year.
Banco Azteca México's gross portfolio balance increased 5% to
Ps.169,099 million, from Ps.160,451 million a year ago. The Bank's
delinquency rate at the end of the period was 3.7%, compared to
4.9% the previous year.
Grupo Elektra's consolidated deposits were Ps.216,897 million,
from Ps.216,631 million a year ago. Banco Azteca México's
traditional deposits were Ps.214,793 million, compared to
Ps.215,332 million the previous year.
The ratio of traditional deposits to gross portfolio of Banco
Azteca México was 1.27 times, which allows solid growth of the
Bank, with optimal funding costs.
The Bank's estimated liquidity coverage ratio at the end of the
quarter — countable liquid assets / total net cash outflow — was
902%, an outstanding figure in the Mexican banking sector.
The capitalization ratio of Banco Azteca México was 14.94%.
Infrastructure
Grupo Elektra presently operates 6,170 contact points, a
decrease from 6,307 units the previous year. This reduction is the
result of strategies aimed at maximizing the profitability of the
company's contact points. In the United
States, 83 Purpose Financial units were closed, and in
Mexico, the net closure was 69
contact points. However, this decrease was partially offset by the
opening of 15 units in Central
America.
At the end of the period, Grupo Elektra had 4,912 contact points
in Mexico, 834 in the US, and 424
in Central America. This extensive
distribution network ensures proximity to customers and fosters
close attention, contributing to the company's superior market
positioning in the countries it operates in.
Company Profile:
Grupo Elektra is Latin
America's leading financial services company and specialty
retailer and the largest non-bank provider of cash advance services
in the United States. The group operates more than 6,000
points of contact in Mexico,
the United States, Guatemala, Honduras, and Panama.
Grupo Elektra is a Grupo Salinas company (www.gruposalinas.com),
a group of dynamic, fast-growing, and technologically advanced
companies focused on creating economic value through market
innovation and goods and services that improve standards of living;
social value to improve community well-being; and environmental
value by reducing the negative impact of its business activities.
Created by Mexican entrepreneur Ricardo B.
Salinas (www.ricardosalinas.com), Grupo Salinas operates as
a management development and decision forum for the top leaders of
member companies. These companies include TV Azteca
(www.TVazteca.com; www.irtvazteca.com), Grupo Elektra
(www.grupoelektra.com.mx), Banco Azteca (www.bancoazteca.com.mx),
Purpose Financial (havepurpose.com), Afore Azteca
(www.aforeazteca.com.mx), Seguros Azteca
(www.segurosazteca.com.mx), Punto Casa de Bolsa
(www.puntocasadebolsa.mx), Total Play (irtotalplay.mx;
www.totalplay.com.mx) and Total Play Empresarial
(totalplayempresarial.com.mx). TV Azteca and Grupo Elektra trade
shares on the Mexican Stock Market and in Spain's' Latibex market. Each of the Grupo
Salinas companies operates independently, with its own management,
board of directors and shareholders. Grupo Salinas has no equity
holdings. The group of companies shares a common vision, values,
and strategies for achieving rapid growth, superior results, and
world-class performance.
Except for historical information, the matters discussed in
this press release are concepts about the future that involve risks
and uncertainty that may cause actual results to differ materially
from those projected. Other risks that may affect Grupo Elektra and
its subsidiaries are presented in documents sent to the securities
authorities.
Investor
Relations:
|
Bruno
Rangel
Grupo
Salinas
Tel. +52 (55)
1720-9167
jrangelk@gruposalinas.com.mx
|
|
Rolando
Villarreal
Grupo Elektra, S.A.B.
de C.V.
Tel. +52 (55)
1720-9167
rvillarreal@elektra.com.mx
|
|
|
|
Press
Relations:
|
Luciano
Pascoe Tel. +52 (55) 1720 1313 ext. 36553
lpascoe@gruposalinas.com.mx
|
GRUPO ELEKTRA,
S.A.B. DE C.V. AND SUBSIDIARIES
|
CONSOLIDATED INCOME
STATEMENTS
|
MILLIONS OF MEXICAN
PESOS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1Q23
|
|
1Q24
|
|
Change
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial
income
|
26,699
|
63 %
|
|
27,526
|
62 %
|
|
827
|
3 %
|
|
|
Commercial
income
|
15,520
|
37 %
|
|
17,036
|
38 %
|
|
1,516
|
10 %
|
|
|
Income
|
42,219
|
100 %
|
|
44,562
|
100 %
|
|
2,343
|
6 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial
cost
|
8,808
|
21 %
|
|
9,380
|
21 %
|
|
572
|
6 %
|
|
|
Commercial
cost
|
11,095
|
26 %
|
|
12,154
|
27 %
|
|
1,059
|
10 %
|
|
|
Costs
|
19,904
|
47 %
|
|
21,534
|
48 %
|
|
1,631
|
8 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross
income
|
22,316
|
53 %
|
|
23,028
|
52 %
|
|
712
|
3 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales,
administration and promotion expenses
|
16,158
|
38 %
|
|
16,665
|
37 %
|
|
507
|
3 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EBITDA
|
6,158
|
15 %
|
|
6,363
|
14 %
|
|
205
|
3 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and
amortization
|
2,390
|
6 %
|
|
2,308
|
5 %
|
|
(82)
|
-3 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other expense (income),
net
|
1
|
0 %
|
|
(12)
|
0 %
|
|
(12)
|
----
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
income
|
3,767
|
9 %
|
|
4,067
|
9 %
|
|
300
|
8 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive financial
result:
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
377
|
1 %
|
|
445
|
1 %
|
|
69
|
18 %
|
|
|
Interest expense
|
(1,470)
|
-3 %
|
|
(1,461)
|
-3 %
|
|
10
|
1 %
|
|
|
Foreign exchange gain,
net
|
436
|
1 %
|
|
30
|
0 %
|
|
(406)
|
-93 %
|
|
|
Other financial results,
net
|
(2,538)
|
-6 %
|
|
(671)
|
-2 %
|
|
1,867
|
74 %
|
|
|
|
(3,195)
|
-8 %
|
|
(1,656)
|
-4 %
|
|
1,539
|
48 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Participation
in the net income of
|
|
|
|
|
|
|
|
|
|
|
CASA and other
associated companies
|
56
|
0 %
|
|
80
|
0 %
|
|
23
|
42 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income
tax
|
628
|
1 %
|
|
2,491
|
6 %
|
|
1,862
|
----
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
|
(169)
|
0 %
|
|
(770)
|
-2 %
|
|
(600)
|
----
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before
discontinued operations
|
459
|
1 %
|
|
1,721
|
4 %
|
|
1,262
|
----
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Result from
discontinued operations
|
(0)
|
0 %
|
|
(0)
|
0 %
|
|
(0)
|
----
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated net
income
|
459
|
1 %
|
|
1,721
|
4 %
|
|
1,262
|
----
|
|
GRUPO ELEKTRA,
S.A.B. DE C.V. AND SUBSIDIARIES
|
CONSOLIDATED BALANCE
SHEET
|
MILLIONS OF MEXICAN
PESOS
|
|
|
|
|
|
|
|
Commercial
Business
|
Financial
Business
|
Grupo
Elektra
|
|
Commercial
Business
|
Financial
Business
|
Grupo
Elektra
|
|
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
|
|
|
|
|
|
|
|
|
|
At March 31, 2023
|
|
At March 31, 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash
equivalents
|
10,078
|
31,216
|
41,294
|
|
12,267
|
28,408
|
40,675
|
|
(619)
|
-1 %
|
|
|
|
|
|
|
|
|
|
|
|
Marketable financial
instruments
|
5,077
|
94,672
|
99,749
|
|
3,983
|
96,919
|
100,902
|
|
1,153
|
1 %
|
|
|
|
|
|
|
|
|
|
|
|
Performing loan
portfolio
|
-
|
85,349
|
85,349
|
|
-
|
90,886
|
90,886
|
|
5,537
|
6 %
|
Total past-due
loans
|
-
|
7,533
|
7,533
|
|
-
|
5,273
|
5,273
|
|
(2,260)
|
-30 %
|
Gross loan
portfolio
|
-
|
92,882
|
92,882
|
|
-
|
96,159
|
96,159
|
|
3,277
|
4 %
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for credit
risks
|
-
|
14,063
|
14,063
|
|
-
|
14,467
|
14,467
|
|
403
|
3 %
|
|
|
|
|
|
|
|
|
|
|
|
Loan portfolio,
net
|
-
|
78,819
|
78,819
|
|
-
|
81,692
|
81,692
|
|
2,873
|
4 %
|
|
|
|
|
|
|
|
|
|
|
|
Inventories
|
17,663
|
-
|
17,663
|
|
17,470
|
-
|
17,470
|
|
(194)
|
-1 %
|
|
|
|
|
|
|
|
|
|
|
|
Other current
assets
|
19,676
|
13,699
|
33,376
|
|
23,024
|
10,835
|
33,859
|
|
483
|
1 %
|
|
|
|
|
|
|
|
|
|
|
|
Total current
assets
|
52,495
|
218,407
|
270,901
|
|
56,744
|
217,854
|
274,598
|
|
3,697
|
1 %
|
|
|
|
|
|
|
|
|
|
|
|
Financial
instruments
|
22,981
|
3
|
22,985
|
|
21,734
|
2
|
21,735
|
|
(1,249)
|
-5 %
|
|
|
|
|
|
|
|
|
|
|
|
Performing loan
portfolio
|
-
|
70,807
|
70,807
|
|
-
|
76,352
|
76,352
|
|
5,545
|
8 %
|
Total past-due
loans
|
-
|
1,977
|
1,977
|
|
-
|
1,973
|
1,973
|
|
(4)
|
0 %
|
Gross loan
portfolio
|
-
|
72,784
|
72,784
|
|
-
|
78,325
|
78,325
|
|
5,541
|
8 %
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for credit
risks
|
-
|
4,918
|
4,918
|
|
-
|
5,408
|
5,408
|
|
490
|
10 %
|
|
|
|
|
|
|
|
|
|
|
|
Loan
portfolio
|
-
|
67,865
|
67,865
|
|
-
|
72,917
|
72,917
|
|
5,052
|
7 %
|
|
|
|
|
|
|
|
|
|
|
|
Other non-current
assets
|
16,627
|
331
|
16,958
|
|
22,500
|
707
|
23,207
|
|
6,249
|
37 %
|
Investment in
shares
|
2,103
|
-
|
2,103
|
|
2,422
|
11
|
2,433
|
|
330
|
16 %
|
Property, furniture,
equipment and
|
|
|
|
|
|
|
|
|
|
|
investment in
stores, net
|
10,037
|
11,028
|
21,065
|
|
8,801
|
10,361
|
19,162
|
|
(1,903)
|
-9 %
|
Intangible
assets
|
780
|
8,134
|
8,914
|
|
697
|
7,242
|
7,938
|
|
(976)
|
-11 %
|
Right of use
asset
|
12,675
|
2,189
|
14,864
|
|
11,896
|
1,919
|
13,816
|
|
(1,049)
|
-7 %
|
Other assets
|
2,839
|
7,734
|
10,573
|
|
3,849
|
8,289
|
12,137
|
|
1,565
|
----
|
TOTAL
ASSETS
|
120,537
|
315,692
|
436,228
|
|
128,642
|
319,301
|
447,943
|
|
11,715
|
3 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Demand and term
deposits
|
-
|
216,631
|
216,631
|
|
-
|
216,897
|
216,897
|
|
266
|
0 %
|
Creditors from
repurchase agreements
|
-
|
27,753
|
27,753
|
|
-
|
33,204
|
33,204
|
|
5,451
|
20 %
|
Short-term
debt
|
9,281
|
542
|
9,823
|
|
9,832
|
33
|
9,865
|
|
42
|
0 %
|
Leasing
|
2,317
|
887
|
3,204
|
|
2,017
|
772
|
2,789
|
|
(415)
|
-13 %
|
Short-term
liabilities with cost
|
11,598
|
245,813
|
257,411
|
|
11,849
|
250,907
|
262,756
|
|
5,345
|
2 %
|
|
|
|
|
|
|
|
|
|
|
|
Suppliers and other
short-term liabilities
|
23,409
|
20,183
|
43,592
|
|
29,343
|
20,071
|
49,415
|
|
5,822
|
13 %
|
Short-term
liabilities without cost
|
23,409
|
20,183
|
43,592
|
|
29,343
|
20,071
|
49,415
|
|
5,822
|
13 %
|
|
|
|
|
|
|
|
|
|
|
|
Total short-term
liabilities
|
35,006
|
265,997
|
301,003
|
|
41,192
|
270,978
|
312,170
|
|
11,167
|
4 %
|
|
|
|
|
|
|
|
|
|
|
|
Long-term
debt
|
26,970
|
0
|
26,970
|
|
25,361
|
-
|
25,361
|
|
(1,609)
|
-6 %
|
Leasing
|
11,402
|
1,440
|
12,842
|
|
11,065
|
1,183
|
12,248
|
|
(594)
|
-5 %
|
Long-term
liabilities with cost
|
38,372
|
1,440
|
39,812
|
|
36,426
|
1,183
|
37,609
|
|
(2,203)
|
-6 %
|
|
|
|
|
|
|
|
|
|
|
|
Long-term
liabilities without cost
|
5,015
|
1,362
|
6,377
|
|
4,877
|
1,073
|
5,951
|
|
(427)
|
-7 %
|
|
|
|
|
|
|
|
|
|
|
|
Total long-term
liabilities
|
43,387
|
2,802
|
46,190
|
|
41,303
|
2,257
|
43,559
|
|
(2,630)
|
-6 %
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL
LIABILITIES
|
78,394
|
268,799
|
347,193
|
|
82,495
|
273,235
|
355,730
|
|
8,537
|
2 %
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL STOCKHOLDERS'
EQUITY
|
42,143
|
46,893
|
89,036
|
|
46,147
|
46,066
|
92,214
|
|
3,178
|
4 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES +
EQUITY
|
120,537
|
315,692
|
436,228
|
|
128,642
|
319,301
|
447,943
|
|
11,715
|
3 %
|
|
INFRASTRUCTURE
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1Q23
|
|
1Q24
|
|
Change
|
|
|
|
|
|
|
|
|
|
Points of sale in
Mexico
|
|
|
|
|
|
|
|
|
Elektra
|
1,224
|
19 %
|
|
1,227
|
20 %
|
|
3
|
0 %
|
Salinas y
Rocha
|
33
|
1 %
|
|
32
|
1 %
|
|
(1)
|
-3 %
|
Banco Azteca
|
1,937
|
31 %
|
|
1,920
|
31 %
|
|
(17)
|
-1 %
|
Freestanding
branches
|
1,787
|
28 %
|
|
1,733
|
28 %
|
|
(54)
|
-3 %
|
Total
|
4,981
|
79 %
|
|
4,912
|
80 %
|
|
(69)
|
-1 %
|
|
|
|
|
|
|
|
|
|
Points of sale in
Central America
|
|
|
|
|
|
|
|
|
Elektra
|
119
|
2 %
|
|
126
|
2 %
|
|
7
|
6 %
|
Banco Azteca
|
225
|
4 %
|
|
233
|
4 %
|
|
8
|
4 %
|
Freestanding
branches
|
65
|
1 %
|
|
65
|
1 %
|
|
-
|
0 %
|
Total
|
409
|
6 %
|
|
424
|
7 %
|
|
15
|
4 %
|
|
|
|
|
|
|
|
|
|
Points of sale in
North America
|
|
|
|
|
|
|
|
|
Purpose
Financial
|
917
|
15 %
|
|
834
|
14 %
|
|
(83)
|
-9 %
|
Total
|
917
|
15 %
|
|
834
|
14 %
|
|
(83)
|
-9 %
|
|
|
|
|
|
|
|
|
|
TOTAL
|
6,307
|
100 %
|
|
6,170
|
100 %
|
|
(137)
|
-2 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Floor space
(m²)
|
1,527
|
100 %
|
|
1,716
|
100 %
|
|
189
|
12 %
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Employees
|
|
|
|
|
|
|
|
|
Mexico
|
60,897
|
87 %
|
|
62,386
|
88 %
|
|
1,489
|
2 %
|
Central and South
America
|
6,082
|
9 %
|
|
6,050
|
9 %
|
|
(32)
|
-1 %
|
North
America
|
2,673
|
4 %
|
|
2,506
|
4 %
|
|
(167)
|
-6 %
|
Total
employees
|
69,652
|
100 %
|
|
70,942
|
100 %
|
|
1,290
|
2 %
|
View original
content:https://www.prnewswire.com/news-releases/grupo-elektra-announces-revenue-of-ps44-562-million-and-ebitda-of-ps6-363-million-in-the-first-quarter-of-2024--302125364.html
SOURCE Grupo Elektra, S.A.B. de C.V.